Where to Look for Risk in Vendor, Service & Physician Contracts

Posted By: Raymond O'Kelley / June 3, 2015

In this infographic, MediTract shares the best places to look for risk in vendor, service and physician contracts.

  1. The terms of commercial contracts are typically up for debate.
  2. The ability to make strategic choices is market specific.
  3. Evergreen terms are a thing of the past.
  4. Payment is tied to service quality.
  5. Vendor Evaluations are key.

Where Hospitals and Healthcare Organizations Can Look for Risk in Contract

About the Author: Raymond O'Kelley

Raymond O'Kelley

Mr. O’Kelley brings more than 20 years of healthcare experience in the Governance Risk and Compliance "GRC" space. He has addressed contracts and conformance matters serving as MediTract’s vice president of Client Retention for more than three years prior to serving in his current role as national vice president of Sales. In addition to those duties, he has worked with acute care, physician practice groups, postacute care and payer organizations by providing them with guidance and recommendations for optimized implementations and operations of MediTract products. He is a 10-year active duty veteran of the United States Marine Corps and medically retired in 1992 after the Persian Gulf War as a disabled Marine.